Dell director, Silver Lake shift 59K shares
Silver Lake–affiliated holders and Dell director Egon Durban reported exempt in-kind share distributions and updated Class C holdings, not open‑market trades.
Rhea-AI Filing Summary
Dell Technologies Inc. (DELL) had large shareholders affiliated with Silver Lake, including Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Associates V, L.P., SLTA V (GP), L.L.C., Silver Lake Group, L.L.C. and director Egon Durban, report internal in-kind distributions of Class C Common Stock on September 18, 2026. An indirect holding of 59,331 shares of Class C Common Stock held through Silver Lake Partners V DE (AIV), L.P. was disposed of in an "other" type transaction, leaving that entity with 0 shares for this reported position. Following these distributions, Egon Durban directly holds 1,407,086 shares of Class C Common Stock, with additional shares held indirectly through entities and a family trust. The distributions and deemed receipts were reported as exempt under Rule 16a-13 of the Exchange Act, and no Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 59,331 shares
Other
4 txns
Insider
Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Associates V, L.P., SLTA V (GP), L.L.C., Silver Lake Group, L.L.C., Durban Egon
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class C Common Stock F1, F2, F3, F4, F5 | 59,331 | -- | -- |
| holding | Class C Common Stock F6 | -- | -- | -- |
| holding | Class C Common Stock F7 | -- | -- | -- |
| holding | Class C Common Stock F8 | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 0 shares (Indirect, Held through Silver Lake Partners V DE (AIV), L.P.);
Class C Common Stock — 330,159 shares (Indirect, See footnote);
Class C Common Stock — 1,407,086 shares (Direct)
Footnotes (8)
- F1. SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Partners V DE (AIV), L.P. and certain of their respective affiliates initiated in-kind distributions of shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") on September 18, 2026. The receipt of shares of Class C Common Stock by each of the Reporting Persons in connection with such distributions was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- F2. These securities are held by Silver Lake Partners V DE (AIV), L.P. The general partner of Silver Lake Partners V DE (AIV), L.P. is Silver Lake Technology Associates V, L.P. and the general partner of Silver Lake Technology Associates V, L.P. is SLTA V (GP), L.L.C.
- F3. Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA V (GP), L.L.C. Egon Durban, who serves as a director of the Issuer, also serves as the CEO and a Managing Member of SLG. Each of the Reporting Persons may be deemed a director by deputization of the Issuer. SLG has filed a separate Form 4 reporting transactions in securities of the Issuer occurring on September 21, 2026.
- F4. RESERVED
- F5. RESERVED
- F6. In connection with the distributions described in footnote (1) above, distributions of certain shares were initiated to certain employees and managing members of SLG or its affiliates, including Mr. Durban. This amount reflects 47,347, 148,194, 39,034 and 43,435 shares held by SLTA SPV-2, L.P., Silver Lake Technology Associates IV, L.P., Silver Lake Technology Associates V, L.P. and SLG, respectively, on behalf of such individuals, including shares distributed in the September 18, 2026 distributions. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- F7. Reflects shares of Class C Common Stock held directly by Mr. Durban, including shares received in connection with the distributions of shares of Class C Common Stock on September 18, 2026. The deemed receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- F8. Reflects shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members, including shares received in connection with the distributions of shares of Class C Common Stock on September 18, 2026. The receipt of such shares of Class C Common Stock indirectly by Mr. Durban was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
Key Figures
Shares disposed in restructuring transaction: 59,331 shares
Shares following transaction for that indirect position: 0 shares
Direct holdings by Egon Durban: 1,407,086 shares
+1 more
4 metrics
Shares disposed in restructuring transaction
59,331 shares
Indirect Class C Common Stock holding through Silver Lake Partners V DE (AIV), L.P. on September 18, 2026
Shares following transaction for that indirect position
0 shares
Indirect Class C Common Stock position held through Silver Lake Partners V DE (AIV), L.P. after disposition
Direct holdings by Egon Durban
1,407,086 shares
Class C Common Stock held directly by Egon Durban following September 18, 2026 distributions
Restructuring-related shares
59,331 shares
Shares identified as part of a restructuring-type transaction in the filing’s transaction summary
Key Terms
in-kind distributions, Rule 16a-13, director by deputization, pecuniary interest
4 terms
in-kind distributions financial
"initiated in-kind distributions of shares of Class C Common Stock"
Rule 16a-13 regulatory
"was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act"
director by deputization regulatory
"Each of the Reporting Persons may be deemed a director by deputization"
pecuniary interest financial
"except to the extent of such Reporting Person's pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Silver Lake affiliates report in Dell Technologies (DELL) on this Form 4?
They reported internal in-kind distributions of Dell Class C Common Stock on September 18, 2026, involving several Silver Lake funds and related entities. One reported indirect position of 59,331 shares held through Silver Lake Partners V DE (AIV), L.P. was disposed of in an "other" type transaction.
What are Egon Durban’s reported Dell (DELL) holdings after these distributions?
After the September 18, 2026 distributions, Egon Durban is reported as directly holding 1,407,086 shares of Dell Class C Common Stock. He also has additional indirect beneficial ownership through a family trust and certain Silver Lake-related entities described in the footnotes.
Are the Dell (DELL) distributions reported as exempt transactions?
Yes. The in-kind distributions and deemed receipts of Dell Class C Common Stock on September 18, 2026 are described as exempt from reporting as acquisitions or dispositions under Rule 16a-13 of the Exchange Act.
Was a Rule 10b5-1 trading plan used for these Dell (DELL) transactions?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these in-kind distributions and related holdings updates.
Who are the main reporting persons tied to the Dell (DELL) Form 4?
The reporting persons include Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Associates V, L.P., SLTA V (GP), L.L.C., Silver Lake Group, L.L.C., and Dell director Egon Durban, who may be deemed directors by deputization through their roles at Silver Lake.
AI-generated analysis. How Rhea-AI works. Not financial advice.
